Corporate and Commercial Law Archives

Corporate and Commercial Law

Significant Changes for RAK ICC: 0% Corporate Tax Benefit For Offshore Companies

Following the enactment of the Emiri Decree No. (12) of 2024 Regarding the amendment of Emiri Decree No. (4) of 2016, the Ras Al Khaimah International Corporate Centre (“RAK ICC”) has introduced important changes that…

January 24, 2025January 24, 2025 Gabriel Oprea

Special Purpose Vehicles (“SPVs”) in ADGM And DIFC: A Focus on the Recent Amendments to the “Nexus Requirement”

The incorporation of Special Purpose Vehicles (“SPVs”) has gained importance in the financial hub of the UAE, specifically within the Abu Dhabi Global Market (“ADGM”) and the Dubai International Financial Centre (“DIFC”). Recent regulatory changes…

October 28, 2024October 29, 2024 Carola Uva

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